UAE has made more than 400 investments in China with trillions in value. China is of course a world power where everybody is going to be for future strategic stakes. To date, bilateral trade between China dan UAE has grown by an impressive annual average of 40 per cent from $4 billion in 2003 to $20 billion in 2007.
Saudi seeks Singapore partners to boost competitiveness
BY HABIB SHAIKH 13 February 2008
JEDDAH — Saudi Arabia wants to become one of the top ten competitive destinations in the world by 2010 and the kingdom is keen for Singapore partners to help make it happen, according to Minister Mentor Lee Kuan Yew, who visited Saudi Arabia accompanied by senior government leaders, to witness the progress being made in the kingdom's new cities.
The King Abdullah Economic City (KAEC) is hailed as the second Singapore, largely due to the advice Lee gave during his previous visit to the kingdom in 2006.
Maktoum receives Lee Kwan Yu
WAMPublished: March 03, 2008, 00:47
Honouring the guest: Shaikh Maktoum Bin Mohammad Bin Rashid Al Maktoum, Deputy Ruler of Dubai, received the former prime minister of Singapore, Lee Kwan
Yu, at the Emirates Towers Hotel yesterday.
They discussed a number of issues, including information technology revolution and investment in the current globalisation world. Shaikh Maktoum held a luncheon in honour of his guest, who was honoured on Saturday by the Investment Corporation of Dubai (ICD) for being the secret behind Singapore's development.
Abu-Dhabi - Singapore Partnerships
Abu Dhabi: A number of major partnerships were announced yesterday as part of the inaugural Abu Dhabi-Singapore Joint Forum held at the Emirates Palace.
The forum was co-chaired by Khaldoon Khalifa Al Mubarak, Chairman of the Executive Affairs Authority, and Lee Yi Shyan, Singapore's Minister of State for Trade and Industry.
They oversaw the signing of major deals between Abu Dhabi Department of Civil Service and the Sing-apore Civil Service College to establish a public service training institution; the Maritime Authority of Singapore and Abu Dhabi Transport Department to facilitate cooperation in maritime policy and planning, port regulation, vessel safety and maritime environment protection and between Gisco Bin Ham-oodah of Abu Dhabi and CBM of Singapore to establish a facilities management joint venture in Abu Dhabi.
Dubai International Capital acquires stake in True Group
Staff ReportPublished: March 30, 2008, 20:24
Dubai: Dubai International Capital LLC (DIC), the international investment arm of Dubai Holding, on Sunday said, it has acquired of a significant stake in the True Group, a leading provider of wellness services in South East Asia.
The investment will support the group's international expansion drive into new markets.
The True Group was established in 2004 as Singapore's largest wellness centre at Pacific Plaza in the heart of Singapore's downtown shopping area.